10 keys reasons to choose a career in supply chain management
August 24, 2016
Ask a classroom full of students what they want to be when they finish education, and there will be few (if any) seeking a supply chain management career. Much of this is simply because these youngsters have never seen a supply chain management job description, and are completely unaware of the full potential of a role in that field.
A supply chain management career can be extremely rewarding, however – here are our top 10 reasons why more people should consider it.
- Resilience to economic downturns
The global financial markets have been in a state of flux for several years, but this appears to have had little impact on supply chain management salaries or job availability. Even in times of uncertainty, people and organisations need goods, and the supply chain manager still needs to source and deliver them.
- Constant career growth
Supply chain practices continue to change as new channels and technologies emerge. Big Data analytics and the Internet of Things (IoT) are radically changing the way organisation interact at every stage of the production and fulfilment process, and the supply chain management job description must adjust accordingly.
- Career advancement opportunities
As a constantly evolving field, supply chain management is a field that offers plenty of opportunities, both to new entrants and well-experienced managers. For candidates seeking a long, varied career with plenty of opportunities for advancement, supply chain management is a smart choice – particularly as the industry typically recruits and promotes from within from junior levels.
- Plentiful and diverse opportunities
With so many openings, a supply chain management career is a good choice for both men and women seeking a senior position with development potential. The fact that supply chain management skills are in such high demand means that the field is wide open to increased diversity.
- Good remuneration packages available
An efficient supply chain is vital to most businesses, helping them cut costs and improve the service offered to clients. As a result, the average supply chain management salary is very competitive for roles of similar seniority – helping to make these roles particularly attractive.
- Leadership development potential
The usual supply chain management career starts with a relatively junior role. The employee then learns on the job, and is often promoted internally as opportunities arise. With more experience and refined skills, it is possible to move into senior leadership roles that have a significant impact on the business as a whole. This also means that new supply chain management careers are opening all the time.
- Opportunities to work across different industries
The negotiation and management skills developed managing a supply chain can often translate directly to senior management positions in other industries. Developing in-demand “soft” skills will open new opportunities so that supply chain managers can change industry at a later date if they want to.
- International travel options
For a business to compete effectively in the global marketplace, it must have a supply chain to match. Supply chain managers frequently meet with producers and vendors based abroad, giving them a chance to sightsee and experience new cultures and get paid for the privilege.
- Greater scope of responsibilities
The modern supply chain is tightly integrated with core business operations, so the supply chain manager is constantly acquiring new responsibilities. This makes the supply chain management an increasingly important person within the company and helps to add variety to the job.
- Grows your professional network
Meeting with suppliers and customers across the world allows supply chain managers to build strong personal relationships with other executives. As well as forming good friendships, the development of a wide professional network opens further opportunities to forge a very successful supply chain management career.
Careers in supply chain management are an increasingly smart choice for ambitious men and women. And with no sign of a slowdown, there’s never been a better time to join.
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We have found them to be an excellent business partner. Through the implementation of both their supply chain and sourcing software they have more than proven themselves in giving us a product that functions the way we need it to. LIMA has been a fantastic supply chain visibility tool, calculating real accurate landed cost position throughout the order lifecycle. The LIBERTY software matches our product sourcing business needs perfectly. PLM systems I’ve previously used, often bring lots of issues through implementation, but these guys managed this and I’ve got highly satisfied users.John Amm - GM Global Sourcing, Myer
The solution has realised more benefits than we initially thought possible. Claims notifications are being handled in a fraction of the time. Suppliers are making fewer calls into the office and quality scores have increased dramatically. All of this can only have had a positive impact on the customer experienceMartin Ashfield, head of commercial property claims, AXA
The system alerts us to exceptions against our plan, allowing us to focus our attentions on solving the real issues in the supply chain. Having a comprehensive audit trail of events for everyone to see has resulted in significantly improved service levels from our suppliers and agents.Darren Walker, head of generics buying and UK trading, Alliance Healthcare
Now our buyers can exchange photographs with suppliers and have a real-time dialogue as they develop styles, while buyers out in the Far East can send detailed and accurate information back to their teams in the UK. It has certainly cut lead times and reduced errors.Maxine Walter, supply chain co-ordination manager, New Look
The time it takes to compile reports has been significantly reduced; a report which used to take five whole days to complete is now accomplished within a single day!Sam Brown, Responsible Sourcing Co-ordinator - John Lewis.